EUR/GBP Technical Analysis: Creating a bear flag on 4-hour chart

- The EUR/GBP is likely charting a bear flag - a bearish continuation pattern - on the 4-hour chart.
- A break below the lower edge of the bear flag, currently seen at 0.8787, would signal a revival of the sell-off from the Sept. 21 high of 0.8996 and could yield a re-test of the recent low of 0.8723.
- On the higher side, only a break above the trendline connecting the Aug. 28 high and Sept. 21 high would weaken the bearish case.

Spot Rate: 0.8838

Daily High: 0.8844

Daily Low: 0.8835

Trend: Bearish

4-hour chart

Read more: https://www.fxstreet.com/news/eur-gbp-t ... 1810230442